The CVS Pharmacy at 9326 Burbank Drive has been sold for nearly $4.4 million.
A limited liability company, or LLC, connected to American Realty Capital Partners purchased the store in a deal that was filed Monday with the East Baton Rouge Clerk of Court’s Office.
CVS, based in Rhode Island, sold the store to the Arizona-based real estate investment trust. According to American Realty’s website, the company already owns four CVS stores in Louisiana.
The Burbank Drive CVS, which is near the intersection with Gardere Lane, opened about a month ago.